Digital Finance, Cryptofinance Daily News | Innovation, Transformation


              



Ogone Payment Services Acquires E-Billing Solutions


Ogone Payment Services has entered the expanding Indian payments market with the acquisition of E-Billing Solutions (EBS). Financial terms of the agreement were not disclosed. This represents Ogone's first acquisition and its first move outside the European market.



EBS will continue to operate under its current management structure and market approach and will be responsible for running operations and the continued expansion of the company. EBS also retains its name and brand in the Indian market. The EBS board is supported by three members of the Ogone Payment Services Board.

"Only 8.4% of the Indian market is currently online but this translates to 100 million users which makes it the fourth largest online country in the world and this is SET to grow rapidly with online travel accounting for 80% of the commerce in India" said Peter De Caluwe, chief executive officer (CEO) of Ogone Payment Services.

Ogone

Jeudi 29 Septembre 2011
Notez


Nouveau commentaire :
Twitter

Your email address will not be published. Required fields are marked *
Votre adresse de messagerie ne sera pas publiée. Les champs obligatoires sont indiqués avec *

Les derniers articles publiés sur Finyear

Recevez notre newsletter quotidienne comme plus de 40.000 professionnels de la gestion et de l'innovation financières


LE TRESORIER


Cryptocurrencies


Finyear - Daily News